W. Buffett filled his portfolio with shares of Apple, Chevron, and Occidental Petroleum

During the second quarter of this year, the Berkshire Hathaway investment company, headed by the famous investor Warren Buffett, added shares of Apple, Chevron, and Occidental Petroleum to its portfolio.

In June, Apple’s share price had fallen to $129, which was almost 30% lower than the $183 mark at the beginning of the year.

Berkshire Hathaway took advantage of the market downturn in the second quarter of this year and bought Apple shares for 3.9 million. USD. June 30 according to data, the investment company owned almost 895 million The iPhone maker’s shares, which were worth 122.3 billion USD. At the end of the second quarter, Apple shares made up about 40% of the portfolio composition.

In June, Berkshire Hathaway also purchased 9.6 million shares. Occidental Petroleum’s shares, worth about 530 million USD. In July, it added another 4.3 million to its portfolio. shares of the aforementioned company for 250 mln. USD.

Other significant purchases include shares of Chevron, Celanese, Paramount Global, Ally Financial.

Shares of Store Capital, General Motors and Kroger companies fell in the portfolio, according to Kiplinger.

In the pie chart, you can see who occupies the most space in Berkshire Hathaway’s investment portfolio.

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Results for the first half of the year

“My money” has already announced the results of the first quarter reports of the largest investors on the US stock exchanges. Then among the new acquisitions of Berkshire Hathaway, the Wall Street bank Citigroup stood out the most (purchased shares for about $3 billion). The conglomerate also bought shares in the car financier Ally Financial.

At the end of last year, Berkshire Hathaway was able to buy a large stake in game maker Activision Blizzard just before good friend Bill Gates’ Microsoft announced the acquisition of the game company at a price 38% higher than the market just before the deal was announced. W. Buffett’s conglomerate bought a lot of these shares in the first quarter as well.

[infogram id=”69e71faa-c7ef-40fa-9a35-35e45e1eda3a” prefix=”LIZ” format=”interactive” title=”„Berkshire Hathaway“ svarbiausi ėjimai 2022 m. pirmą ketvirtį”]

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